Taxpayers' appeals in ITAT must mention amount locked in dispute

Jun 13 2018

Income tax payers filing appeals before ITAT will have to provide info relating to the amount locked up in dispute along with a brief case history and the relief claimed.

All 7 ITR forms released for e-filing: IT dept

May 26 2018

The Income Tax Department today launched and activated all the seven ITR forms for e-filing by taxpayers, after more than a month of them being notified.

Shell firms: I-T dept to file pleas in NCLT to extract tax due

May 21 2018

The I-T Dept is an "aggrieved creditor" to many de-registered shell companies and will petition the NCLT to recover tax dues of crores of rupees.

ITR-4 launched on e-filing portal; total 3 ITRs available now

May 15 2018

The Income Tax Department today launched the ITR-2, the third income return form for assessment year 2018-19, on the official e-filing portal.

GSTN to rope in private entities for tax payer profiling

May 07 2018

GSTN has invited bids from private entities for "360-degree" profiling of taxpayers for early detection of fraud as it seeks to transform into an end-to-end platform.

Govt sets up multi-disciplinary group to choke Naxal funds

May 07 2018

Govt has set up a multi-disciplinary group to initiate action to choke funding sources of Naxals and to seize assets of their leaders, officials said.

Over 16 lakh public grievances per year: Government

Apr 27 2018

About 2.7 lakh public grievances were received in 2014, as per the central government's written reply to a question in the Rajya Sabha.

Controversial Indian babas and their sleaze cash

Apr 26 2018

Controversial Indian gurus are estimated to have amassed wealth worth Rs 80,000 crore over the last decade, investigating agencies have revealed.

I-T says 97% of poll seizures in Ktaka in high-denomination notes

Apr 21 2018

Rs 2,000 and 500 notes constitute 97 per cent of the Rs 4.13 crore cash that the I-T Dept has seized in poll-bound K'taka till now, authorities said.

I-T warns salaried class against filing wrong ITRs

Apr 18 2018

I-T dept cautioned salaried class taxpayers against using illegal means like under-reporting of income or "inflating" deductions while filing their returns.

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Stocks In News



Mulls 1:1 Bonus Share Issue


To Issue 1:10 Bonus Shares; Record Date At July 11


Approved Bonus Issue Of 1:2; Record Date At June 27


Arm Buys Under-Construction Asset For Rs 234 Cr In Indore At Auction

Brownfield Acquisition To Add Approx. 1.1 Mn Sq. Ft. To Co's Retail Portfolio


Co In Pact To Buy 95% Of Climate Tech Pty, Australia

Deal Size Stands At Rs 201-211 Cr In Valuation


JLR Investor Presentation:

Have Exciting Products, Plans In The Pipeline To Generate Sustainable Growth

Aiming For A 4-7% EBIT Margin Over Medium Term, Will Invest 4.5 Bn GBP In FY19-21

Aiming For A 7-9% EBIT Margin Over Long Term

Long Term Investment Pegged At 12-13% Of Revenue

Retail Volume Grew By 1.7% & Revenue Grew By 6% In FY18

Also Launched Jaguar I-Pace As Co's First All Battery Electric Vehicle


To Set Up 5 Lk KL/Annum Plant At Visakhapatnam For Rs 1,785 Cr

To Set Up 6 Lk KL/Annum Plant In Mysore For Rs 2,300 Cr

Co's International Business Did Not Perform Well In FY18

Economy & Inflated Currency Hit Co's Egyptian Operations


To Launch Generic Tadalafil After Filing ANDA With USFDA


Sterile Drug Product Manufacturing Facility In Bengaluru Receives EIR From USFDA

USFDA's Pre-Approval & Inspection Of Facility Done In April & May 2018

EIR Notifies That The Inspection Stands Closed

Co Committed To Global Standards Of Quality & Compliance


Dr Reddy's Loses Patent Case With Eli Lilly Over Alimta

Co Cannot Launch Its Alternative Salt Forms Until The Eli Lilly Patent Expires

The U.S. District Court For The Southern District Of Indiana Ruled In Favour Of Lilly

The Eli Lilly Patent Expires In May 2022

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